https://www.taxtmi.com/caselaws?id=366805 The court allowed the writ petition in part, modifying the Assessing Officer's orders to grant a stay of recovery proceedings without the condition of paying 20% of the disputed demand. Recovery was stayed pending the appeal before the Commissioner of Income Tax (Appeals) for the assessment years in question. The court found merit in the petitioner's argument based on previous favorable decisions and the unchallenged Tribunal decision, leading to the modification of the stay conditions. No costs were awarded, and related miscellaneous petitions were closed following the judgment. en-us Thu, 06 Sep 2018 00:00:00 +0530 Mon, 10 Sep 2018 22:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366805 The court allowed the writ petition in part, modifying the Assessing Officer's orders to grant a stay of recovery proceedings without the condition of paying 20% of the disputed demand. Recovery was stayed pending the appeal before the Commissioner of Income Tax (Appeals) for the assessment years in question. The court found merit in the petitioner's argument based on previous favorable decisions and the unchallenged Tribunal decision, leading to the modification of the stay conditions. No costs were awarded, and related miscellaneous petitions were closed following the judgment. Case-Laws Income Tax Thu, 06 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366805